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Spice Mobile to manufacture low-cost tablets

Spice Mobile, a B K Modi-promoted Spice Group company, may soon enter in to a tie-up with a leading chip maker to manufacture low-cost tablets and smartphones.

Dilip Modi , Managing Director of Spice Mobility, today said the company is also in discussions with a couple of companies in Nigeria and South Africa for acquisition.

Spice Global is actively considering listing in one of the exchanges of London, USA and Hong Kong, he said.

"We are on the verge of entering into a strategic partnership with one of the leading chip making companies to develop smart devices on low-cost platform. What we are trying to do is that we want people to afford smartphones with all the applications," Modi told reporters here.

He said the company wants to be known as the "Apple of Asia" and will come out with many interesting products such as Blueberries and touch screen devices with applications like messaging and social networking at a much lower cost.

Spice Mobility is currently looking at acquiring three firm each in Nigeria, South Africa and West Asia, he said.

"We are currently evaluating acquisitions in Nigeria and South Africa. I can't disclose the names at this time. In the Middle East (West Asia) we are in discussions in one of the leading mobile retail players," he added.